Is BIODESIX INC (BDSX) Halal?

NASDAQ Healthcare United States $140M
✗ NOT HALAL
Confidence: 90/100
BIODESIX INC (BDSX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 41.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. BIODESIX INC operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 41.3%
/ 30%
17.5%
/ 30%
5.7%
/ 30%
0.58%
/ 5%
✗ NOT HALAL
DJIM 41.3%
/ 33%
17.5%
/ 33%
5.7%
/ 33%
0.58%
/ 5%
✗ NOT HALAL
MSCI 63.7%
/ 33%
27.0%
/ 33%
8.8%
/ 33%
0.58%
/ 5%
✗ NOT HALAL
S&P 41.3%
/ 33%
17.5%
/ 33%
5.7%
/ 33%
0.58%
/ 5%
✗ NOT HALAL
FTSE 63.7%
/ 33%
27.0%
/ 33%
8.8%
/ 50%
0.58%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-4.67
P/B Ratio
-47.5
EV/EBITDA
-8.9
EV: $196M
Revenue
$88M
Growth: 40.8%
Beta
0.6
Low volatility
Current Ratio
1.9

Profitability

Gross Margin 81.1%
Operating Margin -6.8%
Net Margin -39.8%
Return on Equity (ROE) -383.1%
Return on Assets (ROA) -18.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$23M
Free Cash Flow-$24M
Total Debt$73M
Current Ratio1.9
Total Assets$87M

Price & Trading

Last Close$14.60
50-Day MA$13.31
200-Day MA$8.82
Avg Volume1.5M
Beta0.6
52-Week Range
$3.44
$20.21

About BIODESIX INC (BDSX)

CEO
Mr. Scott Hutton
Employees
334
Sector
Healthcare
Industry
Diagnostics & Research
Country
United States
Exchange
NASDAQ
Market Cap
$140M
Currency
USD

Biodesix, Inc. operates as a diagnostic solutions company. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests markets as Nodify Lung Nodule Risk Assessment testing to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. It also provides GeneStrat ddPCR, GeneStrat NGS, and VeriStrat tests markets as part of IQLung testing strategy, which are used in the diagnosis of lung cancer to measure the presence of mutations in the tumor and the state of the patient's immune system to guide treatment decisions. In addition, the company provides diagnostic solutions, including translational research, initial biomarker discovery, assay design, development and validation, testing of clinical trial samples, regulatory, reimbursement, commercialization, and logistical support services for biopharmaceutical, life sciences, and diagnostic companies. Further, it operates laboratories. The company was formerly known as Elston Technologies, Inc. and as changed to Biodesix, Inc. in 2006. Biodesix, Inc. was incorporated in 2005 and is headquartered in Louisville, Colorado.

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Frequently Asked Questions

Is BIODESIX INC (BDSX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BIODESIX INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is BIODESIX INC's debt ratio?

BIODESIX INC's debt ratio is 41.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 63.7%.

What are BIODESIX INC's key financial metrics?

BIODESIX INC has a market capitalization of $140M, and revenue of $88M. The company maintains a gross margin of 81.1% and a net margin of -39.8%. Return on equity stands at -383.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.